.EditorialThis content has been picked, produced and modified due to the Finextra editorial team located upon its own importance as well as passion to our neighborhood.According to an agent for the Vilnius District Court of law, the bankruptcy call was helped make after evaluating the firm's economic information as well as discovering that kevin was "incapable to satisfy its monetary commitments on time".A personal bankruptcy scenario has been opened by the court of law and is actually Group has been designated as the insolvency supervisor..Kevin has considering that announced that it prepares to strike the insolvency decision.The court decision marks an impressive succumb to the paytech firm which was actually as soon as hailed as the fastetst growing fintech in Central and also Eastern Europe.Kevin had actually also reared $65m coming from its different capitalists, including Accel and Eurazeo.The 1st indicators of financial trouble were actually found in February when a record coming from on the web news web site Looked stated that kevin had actually stopped working to pay out workers for pair of months - claims which were refuted due to the start-up..And afterwards in July, the Lithuanian central bank prohibited the company coming from handling any brand-new customers after growing impatient at the company's breakdown to file its own annual files promptly. .